USDCHF - Intraday - We look to Sell a break of 0.9129 (stop at 0.9151)
Price action is forming a bearish flag which has a bias to break to the downside.
Bearish divergence is expected to cap gains.
A lower correction is expected.
We look for losses to be extended today.
Our profit targets will be 0.9067 and 0.9057
Resistance: 0.9170 / 0.9180 / 0.9200
Support: 0.9140 / 0.9130 / 0.9100
Price action is forming a bearish flag which has a bias to break to the downside.
Bearish divergence is expected to cap gains.
A lower correction is expected.
We look for losses to be extended today.
Our profit targets will be 0.9067 and 0.9057
Resistance: 0.9170 / 0.9180 / 0.9200
Support: 0.9140 / 0.9130 / 0.9100
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.